Rivian Poised for Growth From Shift to Lower-Price Vehicles and Autonomous Driving Software
Rivian (RIVN) is positioned for future growth through its strategic shift towards lower-priced vehicles and the development of autonomous driving software. The company, which currently sells luxury trucks and SUVs, plans to launch entry-level luxury and midsize crossover vehicles starting in 2026. This expansion into more accessible market segments is expected to drive increased sales and market penetration for the electric vehicle manufacturer.
https://www.morningstar.com/company-reports/1374588-rivian-poised-for-growth-from-shift-to-lower-price-vehicles-and-autonomous-driving-software